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Cryptocurrency exchange Coinext's CEO and Bitcoin advocate José Ribeiro stated that Brazil's cryptocurrency regulatory environment is driving competitiveness. Ribeiro expressed that with an increasing number of global cryptocurrency exchanges, such as Binance, OKX, and Coinbase, operating in Brazil, the Bitcoin trading volume in the country is expected to reach record levels in 2023. José Ribeiro also mentioned that regulatory authorities in Brazil are willing to engage in discussions related to cryptocurrency and payments. In recent years, the Central Bank of Brazil has implemented the Pix payment system, allowing for instant payments between individuals and businesses. |
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